Astorg bought OGF for an enterprise value of just over €300m in October 2007, and has grown the business to have EBITDA of about €100m according to Reuters, which cited sources familiar with the Goldman hire.
It made the investment through its mid-market Astorg IV fund, which it closed on just over €800m in June 2008.
Earlier this month Astorg agreed to buy the nuclear radiation measurement unit of French nuclear reactor maker Areva.
The firm had entered exclusive negotiations to buy the unit, Canberra, six months ago as part of Areva’s strategic plan to pay down debt.
Its offer valued Canberra at between €310m and €350m according to Reuters, which cited sources close to the deal in October.
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